{"id":40802282629,"date":"2024-06-14T14:48:27","date_gmt":"2024-06-14T18:48:27","guid":{"rendered":"https:\/\/www.monmouth.edu\/news\/?p=40802282629"},"modified":"2024-06-20T09:03:34","modified_gmt":"2024-06-20T13:03:34","slug":"prof-scott-publishes-on-the-evolution-of-redlining-in-u-s-housing-market","status":"publish","type":"post","link":"https:\/\/www.monmouth.edu\/news\/prof-scott-publishes-on-the-evolution-of-redlining-in-u-s-housing-market\/","title":{"rendered":"Prof. Scott Publishes on the Evolution of Redlining in U.S. Housing Market"},"content":{"rendered":"\n<p>Robert H. Scott III, Ph.D. professor in the Department of Economics, Finance, and Real Estate and Arthur and Dorothy Greenbaum\/Robert Ferguson\/NJAR Endowed Chair in Real Estate Policy, recently published an article in the <a href=\"https:\/\/www.tandfonline.com\/toc\/mjei20\/58\/2\">Journal of Economic Issues, Vol. 58, Issue 2<\/a> (Taylor &amp; Francis Online, 2024).<\/p>\n\n\n\n<p>Scott\u2019s article, \u201c<a href=\"https:\/\/www.tandfonline.com\/doi\/full\/10.1080\/00213624.2024.2344442\" target=\"_blank\" rel=\"noreferrer noopener\">The Evolution of Redlining in the United States Housing Market<\/a>,\u201d explores the lasting effects of redlining in the United States on wealth creation and economic opportunity. Though illegal since the 70s, redlining\u2014which is the practice of discrimination in the homebuying and lending market that has resulted in significant housing inequality\u2014has not disappeared, but evolved. The article seeks to understand the history, consequences, and solutions to modern redlining that can generate greater housing equality in the United States.&nbsp;<\/p>\n\n\n\n<p>By analyzing the latest Federal Reserve Bank\u2019s Survey of Consumer Finances (2023) data, Scott offers public policy solutions for creating a more financially stable and equitable housing market.<\/p>\n\n\n\n\n","protected":false},"excerpt":{"rendered":"<p>Robert H. Scott III, Ph.D. professor in the Department of Economics, Finance, and Real Estate and Arthur and Dorothy Greenbaum\/Robert Ferguson\/NJAR Endowed Chair in Real Estate Policy, recently published an article in the Journal of Economic Issues, Vol. 58, Issue 2 (Taylor &amp; Francis Online, 2024). Scott\u2019s article, \u201cThe Evolution of Redlining in the United [&hellip;]<\/p>\n","protected":false},"author":22,"featured_media":40802267489,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[104,912,444,423,170],"tags":[2572],"person":[547],"audience":[],"school":[2750,56,5],"program":[],"class_list":["post-40802282629","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-academic-excellence","category-cec-news","category-monmouth-now","category-faculty-perspectives","category-research","tag-lhbs","person-rscott","school-business-administration","school-economics","school-leon-hess-business-school"],"squareimage":{"id":40802267489,"rendered":"<img width=\"1024\" height=\"683\" style=\"object-position: 48.895% 44.37%\" src=\"https:\/\/www.monmouth.edu\/news\/wp-content\/uploads\/sites\/16\/2022\/09\/Robert-Scott-Headshot_20220518_AD_03.jpg\" class=\"attachment-full size-full\" alt=\"Prof. Robert Scott standing on porch of Great Hall, wearing suit and tie\" decoding=\"async\" loading=\"lazy\" srcset=\"https:\/\/www.monmouth.edu\/news\/wp-content\/uploads\/sites\/16\/2022\/09\/Robert-Scott-Headshot_20220518_AD_03.jpg 1024w, https:\/\/www.monmouth.edu\/news\/wp-content\/uploads\/sites\/16\/2022\/09\/Robert-Scott-Headshot_20220518_AD_03-300x200.jpg 300w, https:\/\/www.monmouth.edu\/news\/wp-content\/uploads\/sites\/16\/2022\/09\/Robert-Scott-Headshot_20220518_AD_03-768x512.jpg 768w, https:\/\/www.monmouth.edu\/news\/wp-content\/uploads\/sites\/16\/2022\/09\/Robert-Scott-Headshot_20220518_AD_03-840x560.jpg 840w, https:\/\/www.monmouth.edu\/news\/wp-content\/uploads\/sites\/16\/2022\/09\/Robert-Scott-Headshot_20220518_AD_03-150x100.jpg 150w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/>","original":{"url":"https:\/\/www.monmouth.edu\/news\/wp-content\/uploads\/sites\/16\/2022\/09\/Robert-Scott-Headshot_20220518_AD_03.jpg","width":1024,"height":683}},"_links":{"self":[{"href":"https:\/\/www.monmouth.edu\/news\/wp-json\/wp\/v2\/posts\/40802282629","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.monmouth.edu\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.monmouth.edu\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.monmouth.edu\/news\/wp-json\/wp\/v2\/users\/22"}],"replies":[{"embeddable":true,"href":"https:\/\/www.monmouth.edu\/news\/wp-json\/wp\/v2\/comments?post=40802282629"}],"version-history":[{"count":3,"href":"https:\/\/www.monmouth.edu\/news\/wp-json\/wp\/v2\/posts\/40802282629\/revisions"}],"predecessor-version":[{"id":40802282782,"href":"https:\/\/www.monmouth.edu\/news\/wp-json\/wp\/v2\/posts\/40802282629\/revisions\/40802282782"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.monmouth.edu\/news\/wp-json\/wp\/v2\/media\/40802267489"}],"wp:attachment":[{"href":"https:\/\/www.monmouth.edu\/news\/wp-json\/wp\/v2\/media?parent=40802282629"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.monmouth.edu\/news\/wp-json\/wp\/v2\/categories?post=40802282629"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.monmouth.edu\/news\/wp-json\/wp\/v2\/tags?post=40802282629"},{"taxonomy":"person","embeddable":true,"href":"https:\/\/www.monmouth.edu\/news\/wp-json\/wp\/v2\/person?post=40802282629"},{"taxonomy":"audience","embeddable":true,"href":"https:\/\/www.monmouth.edu\/news\/wp-json\/wp\/v2\/audience?post=40802282629"},{"taxonomy":"school","embeddable":true,"href":"https:\/\/www.monmouth.edu\/news\/wp-json\/wp\/v2\/school?post=40802282629"},{"taxonomy":"program","embeddable":true,"href":"https:\/\/www.monmouth.edu\/news\/wp-json\/wp\/v2\/program?post=40802282629"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}